overeating. not meet. not me. just others. washington does the same thing and spending '01 trillion dollar claim to avoid the debt ceiling showdown or just raise the debt ceiling himself to avoid the amendment. they will avoid the mess than address what has created the mess. overspending. over eating. you don't think we see to the games? that chance. we see through of fact acre wearing dark clothes and filmed at a distance. they know he is a slob. so is washington. camera moved back. back. you are too close. you can catch inauguration

coverage. i will be in washington d.c. but it will be filmed from new york for the big festivities. we will have drone technology taking all of theed e shots. here is what is "money" tonight. president obama announced his sweeping gun-control proposals, but with gun sales shooting through the roof and hundreds of millions of firearms already out there, can they really make a difference? today's power panel takes aim at the hot issue. plus at least seven americans are reported to be among dozens of oil and gas workers taken hostage in algeria. is this the first wave of al qaeda sponsor strikes against critical energy facilities? and could it disrupt supplies? we drill down to the answers. and call it a liberal tax. the conservative restaurant owner charges left-wing moore

for their drink and donate the cash to right-wing causes. is it a boom for his business? the owner serves as a big helping of a government economics. even when i say this not, it is always about "money." adam: and a good evening to you. we want to look at the days headline market. a tough day for stocks. the dow snapped a five-day nning streak falling 23 points. more turbulence for boeing 787 dreamliner. a faulty battery forced an emergency landing of a 787 in japan after a result the japan airlines are grounding their entire dreamliner flight facing safety inspections. shares of boeing fell more than

3%. hewlett-packard rallied more than 4% reported they received buyer interest for the edf units in recent days, however sources say no major sailors coming anytime soon. but we have to move on to the story that everybody is talking about. president obama signing 23 separate executive actions on gun violence today. and those actions could have a huge impact on the firearms industry. among other things, the president called for mandatory background checks for all gun sales and a ban on military assault style weapons and high-capacity magazines. which would make the weapon on the top legal and the weapon on the bottom illegal. even though they are essentially the same gun that fires the same ammunition. this topic is obviously controversial and we will explore every option of it with the money power panel. the owner of a gun range in

louisville, kansas, and owner of young democrats of america. and a gun enthusiast from new jersey who uses the very type of firearms caught in the midst of this firearms debate. i will start with you, emily. a series of statistics in reference to what the president said in the press conference. conference. he said the executive orders that his proposals are designed to lower gun violence in the united states. according to the fbi, since 1994 the trajectory of gun violence has been down. we have 15,463 gun related homicides in this country. by 2011, 8583. we went down during the assault ban, we went down after the assault ban was repealed. so why do we have to do what the president is suggesting? >> this event in newtown has woken up a lot of the american public to put our finger on where we feel we should be moving. but there are 33 americans killed per day with gun

violence. so we do need to start moving in this direction. the president executive order is today took a holistic approach. we talked about emergency plans for school, mental health checks, calling on congress for background checks. it really is a looking at a holistic approach to gun violence, not necessarily attack on gun ownership, believe it or not. adam: dave, let me ask you. you operate a gun range, you deal with people who enjoy the sport of shooting. is anything the president has done makes sense or is this just an absolute misfire? >> what he has put together, we listened to him today and we think what he has done is directing attention to some well needed issues like mental health and beefing up security around schools and everything, so those things i applaud him for. but when he talks about banning assault rifles and banning high magazine capacity magazines, he's going down the wrong path. adam: i actually met jerry

yesterday and i appreciate you joining us again. i want to show another statistics because i know you enjoy using semi automatic rifles, you trade in those items. this is also coming from the fbi. in 2011 to talk about gun violence in the homicide rate, rifles were used in 323 murders in 2011. knives were used in 1694 murders. blunt objects, hammers, baseball bats, bottles, 496. we are putting our attention on this horrific tragedy that i think has shocked everybody. but it seems as if rifles and what the president is proposing is not the right direction. if you are serious, wouldn't it be handguns? >> that is a great question, but the fact is the rifles, the assault weapon ban, none of that worked. i am very concerned that should another one go through, sometime

down the road, we will be then told as americans that wasn't effective enough, now we're going to have to take further restrictions upon your gun rits including let's say we are going to take away handguns because we view those to be dangerous. adam: how do you respond to that? >> i would disagree, think what we're talking about right now is a different thing. it appears they are very responsible gun owners and if we were just talking about responsible gun owners that would be part of the problem. but let's talk about magazine capacity. my boyfriend is in iraq war veteran, the kind of weapon he had in iraq with him is a 30 round magazine. the kind of gun used in the aurora, colorado, gun shooting is 100 round magazine. do we need to be having military style assault weapons in the hands of dangerous criminals? adam: david, let me ask you this question.

a majority of gun owners who describe themselves and be descrid as responsible. i thought those large capacity magazines were essentially illegal, or is it just a state-by-state and a mismatch of what is out there? >> or large capacity magazines have come back into popularity since they lifted the ban. but let's look at mexico for a second. mexico in the 1960s banned all guns except 38 specials. they could only have in mexico today small handguns to protect themselves. how is that working out for mexico? they are being slaughtered by the thousands by people with illegal guns, the drug cartels have automatic weapons. we want to keep the semi automatic weapons to keep ourselves. >> i can argue mexico has other problems as well. adam: with me point out, according to the fbi --

they cannot protect their citizens and neither can our government protect our citizens. adam: from 2007-2011 on more than several locations averagg 200 to 240 different instances where there is justifiable homicide with the use of a gun in which a person was protecting themselves, this is the definition, during the commission of a felony by the private citizen killed somebody committing a felony. and this was justifiable homicide. this adds credence to the argument a lot of people have guns to protect themselves, doesn't it? >> certainly. there is not a lot in the area second amendment law, but that is part of it, people do have the right to protect themselves in their home. there are limitations. adam: everybody always talks about the dangerous criminals, but the majority of these horrid events we experienced in both people who are mentally ill who then took a gun, it would seem,

from a relative, in the case of atom, he stole a gun, killed his mother. there's no way to prevent that, is there? >> to look about the facts of sandy hook, that fellow shouldn't have been anywhere near a gun, and his mother is the one in my view to blame for sandy hook. in the case of aurora, colorado, what did the shooter do? he went to the only gun free zone movie theater available after having chased out all the other ones he chose that one because he knew they would be those citizens there that would have concealed carry with the ability to protect themselves and others. adam: david, i'm going to give you the last word on this. do you think congress will do any of what the president is asking for? >> i hope not. basically what you're doing is enabling criminals to keep their guns and not punishing them enough and taking the guns away

from the citizens. the citizens need the ability to protect. but making it illegal drugs and guns off the street, then talk about taking our guns away because illegal guns and illegal drugs are a problem. let's focus on the drug problem we have in this society and leave the gun owners out of the argument. adam: we appreciate you joining us. we would discuss what is believed to be in dollars industry, the firearms industry but it is hard to get the statistics on us we will save that for another time. have a good evening. we will turn our attention to the frightening and still developing story in algeria. 41 people, includes seven americans, have been taken hostage in an attack on a natural gas complex. in the desert 60 miles from the libyan border. two people killed which was apparently retaliation for the

current strikes against islamic militants in the african nation. details are still unclear, but brings uit brings up some quests about security cost, ransom, implications for bp, one of the companies operating that gas and impact on natural gas prices here in the united states. the north african analyst joining us now from london. will this have any impact on prices or is it too soon to tell? >> i think it is too soon to tell, the main reason is there were no major disruptions to supply of natural gas following this attack, so we should see how it develops before seeing you this will have an impact on natural gas prices or not. adam: as has happened in the past at one point there was an episode of these kind of attacks whether they are terrorists or pirates on facilities, last wass about 20 years ago. how will this play out?

would require algeria forces to go in and save those poor souls who have been taken hostage? >> i think the key question here is whether the kidnappers are going to put forward the request in terms of ransom or if it will be more political, whether they will ask for algeria to close down their air space is currently open to french airplanes. this kind of political request. the request is going to be political, i doubt they'll d dee authorities have room for compromise. it will be monetary, they'll ask for monetary ransom. the issue will be different, but still they are willing to negotiate with terrorists. adam: we could essentially be giving billions, thousands of millions of dollars to the

release of those 4 41 people coe up with seemed to me that would be the wrong thing to do, as awful as this is because you are then funding terrorism, aren't you? >> the algeria government are generally against this kind of negotiations and the possibility of paying rans that a kidnapper asks. again, i think the authorities are completely against it. i doubt all the parties involved will move forward. adam: what does this do for bp in algeria. this is not kid a military group that has done this, shouldn't they be expecting another oil and gas developers expect in this kind of attack on their facilities? what will that do? do they have to hire people to protect them? >> i think it is too early to say whether bp will pull out completely or will reduce its personnel based in algeria.

most important thing to point out here is this is not necessarily going to be the first episode of a series of attacks against oil and gas facilities in algeria. the majority is a heavily botrytis area and very difficult to carry out their attacks if u consider in 20 years is probably the first episode of this kind and algeria went through very bloody and tough war in the 90s. adam: the greatest concern for potential disruption of gas supply would be in europe. it is mostly europe with natural gas? >> absolutely. algeria is a major supplier of natural gas to europe an specifically the southern european states of spain and italy. even a disruption to the supply of natural gas in europe would have a direct impact on natural

gas supply and prices in the rest of the world. at least not immediately. adam: we appreciate you being here, and we will be watching developments there to see if the 41 people taken hostage can be released. thank you, sir. have a good evening. time for today's "uel gauge" report. the news helped send oil futures to their highest leve levels sie september 18 of last year. they settled at up 1%. natural gas futures are okay for session rally. traders are keeping a close eye on inventory data for the u.s. government. we will get that release tomorrow. interior secretary ken salazar will step down in march. he ran the interio interior dept through president obama's first term and played a key role in white house energy policy perhaps most notably in the promotion of alternative energy sources. the white house has not yet named his successor.

democrats proposed legislation to kill the debt ceiling even though some republicans may be ready to cave. either way, you'll be serious to know the matter what happens, the credit rating could still get whacked. and bus drivers go on strike stranding more than 100,000 kids, many of them disabled. at stake in this battle, the kids, and millions of your dollars of tax money. more money coming up. officemax has exactly the ink... your business needs... at prices that keep you...out of the red. this week get a bonus $15 itunes gift card with any qualifying $75 ink purchase. find thousands of big deals now... at officemax. with any qualifying $75 ink purchase.

adam: before we get to the debt ceiling. california overestimated how much tax revenue they would get from the facebook ipo. the overestimated by $600 million. you can hear jerry brown doing a homer simpson. can you trust governments to get the numbers right? the fight over the debt ceiling is in full force. as democratdemocrats propose a o eliminate it completely and the ratings have come out with two scenarios in which it was downgraded the u.s. credit rating. not good news. some republicans are relishing the debt ceiling does indeed have to be raised.

joining us now, ihs chief economist and we appreciate you being here. is this fight we are about to have necessary, and what is going to happen to whether it is the global market, 401(k), what will happen to all of us if congress passes this fight? >> this is not a necessary fight. this situation created by congress which sent the debt ceilinfrom years ago in hopes it would impose some discipline but of course it hasn't because it has been raised and raised and raised and now it is a source of a contentious debate that is still raised, and so it is unnecessary. what we need to do in the u.s. is for the two sides to get together to come up with a comprehensive debt and deficit reduction plan. the debt ceiling and all around it doesn't really solve the problem. it is a waste of time. adam: let me interrupt you

because we have had this debt ceiling essentially part of our discussion for almost 100 years, going back to 1917 with the issue of liberty bonds. now today we talk about the debt ceiling and we talk about its impact, this debate for the people who are watching, and, getting to this craziness we see the market reacting in a way you can't anticipate. what would happen to our 401(k) if congress he said they have to get together, i was thinking two words, "good luck." whether they can't do something? >> if they don't raise the debt ceiling and let's say we get debt downgrades, the market has a fit basically and drops as they did in 2011, all our investments will get hit. the stock market will go down as it did in a big way in the summer of 2011. on the other hand, if they extend the limits, the debt ceiling limit and do something more, maybe not a grand

compromise, something more in terms of deficit reduction, my guess is the market will kind of shrug it off. they won't get upset. the issue is in the end what happens in the run-up read the political run-up to the waiter with the market reacting as we are going down the wire because they will not default. the u.s. will not default on its debt. adam: you have the billionaire coke brothers urging the g.o.p. all kinds of g.o.p. senator saying we need not have this fight. wouldn't it be better for republicans since the issue is spending will agree it is spending, spending, spending. wait until march as our producer calls it the son of the fiscal cliff. say to the president okay. you want to fund spending? refunded if the suit was about cutting spending slipknot to the continuing resolution. would that be the better

argument? >> fair enough. the issue is this, you are right in saying we have to deal on the spending side as well as the tax side. with my preference would be if comprehensive entitlement reform, comprehensive tax reform as part of the deal instead of these kick the can down the road two months have another fight. okay. do it again. this is crazy, not the way to run a government. and so inhat sense we have a major credibility problem in terms of our politicians. adam: have a good evening. striking bus drivers hit the pavement, union members for hundreds of thousands of school kids and their parents to the curb in new york city and the outcome of this labor battle could i stop in your neighborhood one day. plus the state of virginia may clear the way for development of

a huge uranium mine but a firestorm over possible contamination has become both sides going radioactive. which is more important to you? u.s. energy independence or the u.s. environment? do you ever have enough "money"?

♪ adam: thousands of ew york city udents were left out in the cold when school bus drivers and aides went on strike in an effort to cut cost. the city has put its contracts to private bus companies up for bid. a move that put union jobs at risk. joining us to this crest to have discussed this but director of labor notes. why would putting the contract out to bid be a problem of the members of the union. >> they have ben for very long

time. this time around the administration wants to do so without service standards. adam: to protect long time bus tours, does it not? >> it establishes a seniority system were if your route -- intercompany that you work for loses the route you conveyed into other companies. >> if your route is cut and there are is restored, the have a different route, they did brought in based on seniority which mea you are higher paid employees and someone. >> so it rewards stability and longevity and keeps a much more stable work force the more you would have otherwise? adam: as a taxpayer it cost me more money. spending, the metric is 1 billion of these transportation costs were as 30 years ago there were spending 100 million, severe you want to

control the cost? would you want to go with the less expensive? >> i would want to bring in in house and the baby is nothing in the long run it would be better for the city of the city provided the service. believe in a strong public sector in the cds and the problems a you go for outsourcing. given that we are in an outsourcing world, the minimum thing you can do is try and make sure you are creating jobs using your taxpayer dollars, you know, to give city services. adam: the city's using an explanation as to why they have don't blame us. a court ruling. what is this? >> well, the department of education took over similar bus services for early education in a pregame program that was formally being done by the burden of transportation. it tried to use the same program. some of the companies sued and were taken to court at the time the partner education defended the standards for bidding practices and said this was portant to. the court ruled against them. now they're saying, our hands are tied.

>> the court ruling said, if i understand, you cannot but those projections in there. >> for those services. there is a dispute between the union and department of education of whether this sort of bus contractors similarly pre-emptive from using these provisions. adam: this seems to me it is between the court in the union. of the corporate -- the course if you can put dominican but the men. >> you guys can modify the standards and preserve our system and comply. this is the administration that steve rowe this way into a third term trying to rewrite the rules around the second amendment. he can get things done and he wants to, but now he is saying his hands are tied. adam: last time we had a strike was 1979. it lasted how long? >> thirteen weeks. adam: and this one? >> they are rallying favors, trying to send people back to

work, but the members recognize that their whole way of life will be gone if the provisions disappeared. adam: it blumberg was is a several of the cases were school bus drivers in new mexico and california? >> absolutely, just like what happened it was it -- rashid, it will reverberate here. what happens to labor anywhere has implications for a labor everywhere. adam: all right. we appreciate your being here. melissa will be back next time. next up, uranium. it could soon operate in virginia. now, it would be one of the world's largest, but is the nuclear energy pay off for the potential risk? even peope outside virginia have skin in this game, which is why are going to debate whether it should go forward. plus a restaurant owner is sticking it to his left wing of customers.

charging a liberal tax. boosting business or letting them lefties? q with the owner tells us in a fox business exclusive. piles of "money" coming up. @@

♪ adam: a huge debate waging in virginia over whether or not to mine one of the world's largest

known deposits of undeveloped uranium. it is in cole's hill, and the company trying to you in on the action is viejo uranium. it says the mine holds at least 133 million plenty of pounds of uranium and would create more the 1,000 jobs in the region. some people don't buy into this at all. joining us from both sides of the debate, project manager with virginia uranium and it the seventh virginia law center. 1,000 jobs, a huge amount of uranium. with this really be wort the enormous risks, because there are risks? >> that nothing that we feel you have to compromise economic development for environmental protection. we look around the country and the world uranium mines that are producing and are producing safely. and so this really is a but energy independence. the country currently imports over 90 percent of the uranium we need to power are safe,

reliable, affordable nuclear reactors. we can help reduce the dangerous dependence on foreign countries and to the opening virginians back to work. we can do about protecting the environment. adam: and the people who would beat down river from this mine in virginia beach, 500,000 people are worried about their water supply, and there have been accidents, 1979, in new mexico one of the dams to keep back the collection from mina al west ruptured and wehad contamination, but then an unpopulated area of the country. isn't that the danger here? >> we are part of a coalition of groups. business groups. the local chamber of commerce the robbers as the county where this would be -- the industrial and. folks that often cannot agree on what date is, but we see this issue clearly.

this is really the wrong place for this type of activity. the look at where cole's hill is, not too far from danville, talking about a site that is in the roanoke river watershed. the river flows to north carolina's outer banks, and it closed the leg gadsden, which is a reservoir democratic goal for the hamptons wrote region. adam: can't that mining take place in a safe manner? >> the question is not about safe or unsafe. it's about understanding the risk. the risk here are, you are looking at a drink water supply for 1 million people. that's why those communities, the mayors of virginia beach, north polk, and, in fact, the legislative leaders from the area where this is proposed, conservative republicans representing the city read re

this would be. adam: the benefits children nuclear power. we need first time uranium. would that be enough to offset the potential risk? >> the modern history of uranium mining, helooked at prices were a significant amount of uranium is produced today. over the last week to years implying rigorous investigations and investment practices there have not been in marital issues the last incident cited was 1979 wycherley was the last major release. i think that the industry has learned a lot. and really one of the safest to work in. is an economic game changer and an energy game changer. the amount of energy is the

equivalent of 37 billion barrels of oil. this could power the new their energy needs for the next 75 years not to miss and the fact that we could put a thousand people back to work in an area of the state that as a lever and a half percent unemployment. moreover this is not necessarily just about opposing uranium mines. a group like. -- adam: i have to stop it. adelle halftime pep talk about coal mining. southern environmental. be. adam: ten seconds. this is say there was a major spill in 1993. another flood in 2006. there have been recent problems in this suspect -- sakatchewan mines. so we don't want to bring into a populated area. adam: i recommend because we bring you back on. this is making its way through the politics of virginia, so i

will suggest to the producers will give a little more time and have you back on, but thank you both for being with us. >> at love to come back. adam: exxon "money," getting taxed for being left-wing. self-declared liberals are charged more for their drinks. he joins us to explain why and the impact of his businesses bottom line. a fox business exclusive that some lefties might find -- may find hard to swallow. the end of the date it is all about "money." ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it.

♪ adam: a guy walks into a bar, i feel like i'm at the ramada inn lounge -- the bartender looked at him and says, who'd you vote for? is housed at the beginning of a corny joke, but it is not far from the truth at once with the shopping you talk. i love drilling. that is the name of it. serves upheld the smoothies and snacks, but your tabs will be $1 more if you happen to be liberal, and that's right. if you are liberal, you pay more. the store's owner is very open about its pricing policy, but is it democrat discrimination or just a provocative way to prove

a political ploy? he joins me now in 81 pieces of. you're trying to record point. you are well loved respected businessmen. what is the point you're making in our people learned from this? >> a pleasure to be done with you. the point i am making commander having a lot of fun. i enjoy the community, but the point is that those who believe in big government and the reckless spending and more entitlements, liberals, they are really costing us money and they are costing us jobs and they are costing us higher taxes. i think it is only fair that i should charge them just a little bit more. adam: you don't actually require people to answer. you don't make people tell how they voted. in fact, they get to see. but you have had customers come

in and you're willing to pay the extra buck. yes, i am a liberal. give me this movie. >> exactly. we have had now three that have said, you know, because i simply say what pricing are we. the board, as you showed, said liberal or conservative. then they say, and liberal and pay the 595. they're happy to pay it. all three of them have been like, i'm glad you're in town. we love a juice bar. you want to have felt the juice bar year. my pricing, actually, is such that it is not overpriced at that price. it is actually a fair price at that price. adam: am afraid you might have not learned one of the big lessons. socialism is only good until you run of other people's money. at your current pricing and double your making a profit on your drinks. i think you're going to run out of other people's money canadian and i even had a grand opening yet. >> that's right. we are just running a wellness

week. everyone that comes in gets one per customer. if they write down a wellness goal, we give them a free one right now all along. the grand opening is in may. but, you know, we will do okay. we are not going to make a lot of money. that is why juice bars arr not prevalent. the cost of real juice and smoothies is quite high. adam: you have tapped into of the real current, the director in hollywood he says you have to be environmental, spend money on the environment and then he owns three different homes of huge size. his carbon footprint is bigger than the dinosaur. there is a hypocrisy. you're calling nafta and a buffer to pricing. >> i am. we have a spending and debt problem here. unless we have conversations about this and really come to

terms on it, we are not going to survive. we are running up debt larger than it -- may be more than it is possible to ever repay. that is the point. we need to connect up with some reality year, and that is the point be handed. adam: george burnett, thank you for joining yes. a green-colored smoothly. give me a coca-cola. >> this is a grace movie. stop on out. great beyond what you. we have -- we do a lot of fun things. adam: give me real sugar and caramel coloring. thank you very much. it is a bird, a plane. no, wait. it is a snowmobile. a new extreme winter sport is taking place. can he still o his tricks? details on my snowmobiles are going airborne.

you can neverave too much "money." officemax has exactly the ink... your business needs... at prices that keep you...out of the red. this week get a bonus $15 itunes gift card with any qualifying $75 ink purchase. find thousands of big deals now... at officemax.

from constant contact emg reaches people in a place they're checking every day -- their inbox. and it gives you the tools to create custom emails that drive business. it's just one of the ways constant contact can help you grow your small business. sign up for your free trial today at constantcontact.com/try. adam: it is time for some fun with "spare change." we are joined by fox news

contributor julie which in the end tony zion. i always threw those out. >> wow, you really screwed that up.. this woman drove 900 miles instead of 90 miles all the way, ignoring the signs that went from belgium to germany to whatever they speak in croatia. she went too far and she didn't realize it. she filled the gas tank up twice. she is 67 years old. >> how much chemical help does this woman have before she should not be a wheel of a car.

>> when i am distracted, i don't know. >> you know, he missed a couple of stops and you don't end up in the back. [laughter] >> so she left the country before she realized she made a wrong turn? adam: is a nurse on call 900 miles. [laughter] [talking over each other] and saving money because of fuel costs. if you want to be taken seriously by a boss at work, higher body mass index ratings are more likely to be perceived as less effective in the workplace in terms of performance and interpersonal relationships. what do you think? >> poor man. oh, i'm sorry, you actually lose weight and get a job. oh, okay, all right.

>> my lovely and overweight dad used to call it aristocratic book. and in the day they said it was because he were able to eat a little corny. and then there's chris christie, bigger than life. >> imagine if you were a woman. >> the very successful governor in i love him, but i have to tell you that i don't know if he would survive as a woman. >> yeah, okay. and i totally get and is interesting. >> okay, nminating him for the darwin awards are going to end